Day Trading Blog - This Stock Blog gives insight on daily stock market trading as well as stock trading analysis. We also list stocks to buy, top stocks, stock picks, and the best stocks to invest in 2020. If you are looking for a stock blog about hot stocks that are rising, you came to the right place. Right now my top stocks for 2020 are SHAK, TNA, GBTC, UDOW and SPXL. Visit http://blackberrystocks.com/topstocks2020.html

BP plc (BP) closed near the high of day for the third straight trading day today. BP continues to hold previous resistance located at $32.53 which is very bullish. The next major resistance level is now located at $34.46 as well as $36.20. If BP can close above $36.20, I think the stock could make a run toward $40. If BP does make that run toward $40, I would be selling the stock and waiting for a pullback.

Citigroup Inc (NYSE:C) closed above all three major moving averages for the first time since mid April. Citigroup Inc will now have resistance located at $4.07 and then if the stock closes above this level, all systems are go again. If we have another meltdown in the stock market, look to aggressively buy Citigroup below $3.60 for the long term.

Thursday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for July 9, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS ran back into the $21-$22 resistance area on Thursday but then pulled back. At this point, I am waiting back on the sidelines for another opportunity below $19. If FAS runs back up near $25, I would then take a hard look at FAZ.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. are back above $14.35 and are above the 10 day moving average. Support is located at $14.60 as well as $14.35. If BAC fails $14.35 on a closing basis, I'd move to the sidelines and wait for a better entry point. I ultimately feel as though the stock made a bottom in the $13's last week.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio rallied continue to hover around $1.00 resistance. If Sirius XM Radio can close above $1.05, I think it could really rally hard.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. broke $35 on Wednesday and popped to $35.80. There is major resistance located at $37 as well so I didn't expect the stock to run that far but did expect a pop. At this point, wait for a sell off back to $33 to reload.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. stopped about $1 short of $75 resistance on Thursday and is now selling off again. Wait to buy near $65 ( and maybe even $63ish ) if we get back down there.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. continue to trade below $1.00. Resistance is located at $1.00 and if I see Ambac break above this level, I will buy for a quick trade. If you want to try and get ahead of this trade, resistance is located at $0.87.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. briefly traded above $50 on Thursday but then sellers quickly came in. Research in Motion is a great buy below $50 if you keep a stop at $45.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are rebounding a bit and have the potential to run back near $8 if this rally can build on itself. I'd be a buyer of AMD stock at $6.50 or below however.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. continue the bearish downtrend. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.

The Dow Jones Industrial Average closed at10139on 7/8/10, as the stock market built on yesterday's massive up move which is very bullish to see. The Dow Jones rallied 100 points in early trading, gave up all of those gains, and then rallied going into the close. Next week will kick off earnings season starting with Goldman Sachs Monday morning.

Thursday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for July 9, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Direxion Daily Financial Bear 3X Shares (FAZ) Daily Finan. Bull 3X Shs(ETF)(FAS) - FAS ran back into the $21-$22 resistance area on Thursday but then pulled back. At this point, I am waiting back on the sidelines for another opportunity below $19. If FAS runs back up near $25, I would then take a hard look at FAZ.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. are back above $14.35 and are above the 10 day moving average. Support is located at $14.60 as well as $14.35. If BAC fails $14.35 on a closing basis, I'd move to the sidelines and wait for a better entry point. I ultimately feel as though the stock made a bottom in the $13's last week.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio rallied continue to hover around $1.00 resistance. If Sirius XM Radio can close above $1.05, I think it could really rally hard.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. broke $35 on Wednesday and popped to $35.80. There is major resistance located at $37 as well so I didn't expect the stock to run that far but did expect a pop. At this point, wait for a sell off back to $33 to reload.

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. stopped about $1 short of $75 resistance on Thursday and is now selling off again. Wait to buy near $65 ( and maybe even $63ish ) if we get back down there.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. continue to trade below $1.00. Resistance is located at $1.00 and if I see Ambac break above this level, I will buy for a quick trade. If you want to try and get ahead of this trade, resistance is located at $0.87.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. briefly traded above $50 on Thursday but then sellers quickly came in. Research in Motion is a great buy below $50 if you keep a stop at $45.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are rebounding a bit and have the potential to run back near $8 if this rally can build on itself. I'd be a buyer of AMD stock at $6.50 or below however.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. continue the bearish downtrend. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.

The following is a list of the Most Popular OTC, OTCBB, Pink Sheets Stocks going into July 9, 2010. Topping the list today is Fannie Mae. This list shows you which stocks traders and investors consider " Hot " which makes for great trading. These are the stocks that I will be monitoring today and tomorrow for daytrading opportunities.

This list is my favorite way to track potential breakout OTC stocks and is not produced anywhere else! It takes into account percentage gainers or losers, volume, and how active the stock has been lately. The higher the rank, the closer I am watching. Check out my Previous Reports

July 8, 2010 - Below is a list of the Top 20 biggest losing stocks today that have decent volume. These stocks are usually going down on bad news. I usually throw these on my watch list and monitor them for a bounce or a potential short trade.

The following is a list of the most active stocks in the stock market right now. This is not a list most active volume gainers, it is a list how how active the stock really is and how many people are trading it. When stocks make explosive moves but don't have top volume, they will still show up on this list.

Today, July 8, 2010, there are several stock gainers that are breaking out with some nice momentum. If you are looking to day trade today, you might want to check out the following stocks. Check out some of today's biggest gainers and the Top Stocks for 2010. You can find my Past, Current, and Future Stock Gainers Report Right Here

The BDI data is critical for how the DryBulk Shipping Stocks such as DryShips Inc ( DRYS ), Excel Maritime Carriers Ltd (EXM), Diana Shipping Inc ( DSX ), Genco Shipping & Trading Limited ( GNK ), TBS International Limited ( TBSI ), Navios Maritime ( NM ), Eagle Bulk Shipping Inc. ( EGLE ), Paragon Shipping Inc. ( PRGN ), Star Bulk Carriers Corp. ( SBLK ), and OceanFreight Inc ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world trade has come to a screeching halt
http://www.dowjonesclose.com/bdi.html

Apple Inc. (AAPL) closed above all three major moving averages on Wednesday and is slightly higher in today's trading. Apple will now have resistance located around $265 as well as the $270's. Apple has made three straight lower lows but if the stock breaks $240, wait to buy in the $225-$230 range. Earnings are due out in a few weeks.

Citigroup Inc (NYSE:C) closed back above the 10 day moving average on Wednesday. Citigroup Inc now faces stiff resistance located in the high $3.90's as well as $4.07. If Citigroup can break above $4.07, I think the stock will run back up to retest $4.35 at the very least. The only thing Citigroup has going against it is the fact that all three moving averages are trending lower. Watch $4.07.

Wednesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for July 8, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Pre Market Stock Gainers - 7/8/10

Delta Petroleum Corp. (DPTR) - No News but large move higher yesterday at the close....worth watching.

Bank of America Corp. (BAC) - Shares of Bank of America Corp. is rallying back to the $14.35 area. I think BAC can put a bottom in if it closes above $14.35. Disappointing earnings are now priced into the stock leaving it vulnerable to an upside surprise.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio rallied back to $1.00 resistance on Wednesday after the company came out with a quarterly update. If Sirius XM Radio can close above $1.05, I think it could really rally hard.

Netlist Inc. (NLST) - Netlist Inc. was the hottest stock on Wednesday because of the following news: Netlist Announces OEM Qualification of NetVault NV Non-Volatile Memory-Subsystem for RAID Controllers. If Netlist can close above $3.25, I should rip higher even more.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. continue to have resistance located at $35 as well as $37. I'd expect the stock to catch fire again if it can break $35.

Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. appear to have hit a temp bottom at $20.93. This is where I'd be placing my stop loss order. Since Cisco hit my target of $22 on Wednesday, the next major resistance area is between $22.50-$22.60

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are back above $70. I'd be a buyer of Baidu if the stock falls below $65. If this happens, I will get really aggressive around $63.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. continue to trade below $1.00. Resistance is located at $1.00 and if I see Ambac break above this level, I will buy for a quick trade. If you want to try and get ahead of this trade, resistance is located at $0.87.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. are rebounding back near $50. Research in Motion stock is a great buyout target for a company like Microsoft. With Apple Inc dropping $25 over the past few weeks, Apple is actually the better buy right now.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are rebounding a bit and have the potential to run back near $8 if this rally can build on itself. I'd be a buyer of AMD stock at $6.50 or below however.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. continue the bearish downtrend. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.

BP plc (BP) broke above and closed over $32.53 Wednesday. BP stock also closed right at the high of the day for the second straight day. This is all very bullish from a technical point of view and we can clearly see that Wall Street is taking risk in BP again. Support for this stock is now located between $29-$30, I'd be a seller on a close below $29. On the upside, the next major resistance level for BP is located at $34.46 as well as $36.10. I'd be selling a retest of the 50 day moving average located at $39.50.

Wednesday, during regular trading hours, there were many stocks that continued to break out to the upside. Below is a list of stocks that are worth watching for July 8, 2010. Also, check out some of the biggest stock gainers of the Day. You can also find previous stocks to buy reports - Right Here

Bank of America Corp. (BAC) - Shares of Bank of America Corp. is rallying back to the $14.35 area. I think BAC can put a bottom in if it closes above $14.35. Disappointing earnings are now priced into the stock leaving it vulnerable to an upside surprise.

Sirius XM Radio (SIRI) - Shares of Sirius XM Radio rallied back to $1.00 resistance on Wednesday after the company came out with a quarterly update. If Sirius XM Radio can close above $1.05, I think it could really rally hard.

Netlist Inc. (NLST) - Netlist Inc. was the hottest stock on Wednesday because of the following news: Netlist Announces OEM Qualification of NetVault NV Non-Volatile Memory-Subsystem for RAID Controllers. If Netlist can close above $3.25, I should rip higher even more.

American Intl Group, Inc. (AIG) - Shares of American Intl Group, Inc. continue to have resistance located at $35 as well as $37. I'd expect the stock to catch fire again if it can break $35.

Cisco Systems, Inc. (CSCO) - Shares of Cisco Systems, Inc. appear to have hit a temp bottom at $20.93. This is where I'd be placing my stop loss order. Since Cisco hit my target of $22 on Wednesday, the next major resistance area is between $22.50-$22.60

Baidu, Inc. (BIDU) - Shares of Baidu, Inc. are back above $70. I'd be a buyer of Baidu if the stock falls below $65. If this happens, I will get really aggressive around $63.

Ambac Financial Group, Inc. (ABK) - Shares of Ambac Financial Group, Inc. continue to trade below $1.00. Resistance is located at $1.00 and if I see Ambac break above this level, I will buy for a quick trade. If you want to try and get ahead of this trade, resistance is located at $0.87.

Research In Motion Ltd. (RIMM) - Shares of Research in Motion Ltd. are rebounding back near $50. Research in Motion stock is a great buyout target for a company like Microsoft. With Apple Inc dropping $25 over the past few weeks, Apple is actually the better buy right now.

Advanced Micro Devices Inc. (AMD) - Shares of Advanced Micro Devices are rebounding a bit and have the potential to run back near $8 if this rally can build on itself. I'd be a buyer of AMD stock at $6.50 or below however.

Cell Therapeutics, Inc. (CTIC) - Shares of Cell Therapeutics, Inc. continue the bearish downtrend. Right now, I'd be avoiding Cell Therapeutics until it breaks above $0.55. CTIC will have resistance located at $0.55 and $0.70.